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72261 Highway 111 Palm Desert, CA 92260

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For Sale
$5,967,000

Street-front retail space in the heart of Palm Desert.

Lot size:
2.57 Acres

Property Features for 72261 Highway 111

General Information

Property type
Commercial
Standard status
Active
Lot size
2.57 Acres

Building Details

Year built
1986

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Listing Contact
Richard Park
Source: Elliman

Listing Agency: SYNERGY REAL ESTATE Listing Agent: Richard Park

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Prime Retail on Highway 111

This street-front retail space is situated on California Highway 111, a major thoroughfare throughout the Coachella Valley. The property is located within a daily needs center, positioning it in a retail epicenter in the heart of the Coachella Valley. The surrounding area features a variety of boutiques, thrift stores, and major retailers. Located in the hub of shopping, dining, and entertainment in the heart of Palm Desert, Highway 111 is home to many of Palm Desert’s major retailers, including Target, Saks Off Fifth, Bed Bath and Beyond, Marshall’s, TJ Maxx, and Nordstrom Rack. Monterey Avenue, another popular thoroughfare, features shopping plazas and major retailers like Walmart, Sam’s Club, and Lowe’s. The location is in an affluent area near country clubs, set against the backdrop of the San Jacinto Mountains, with over 150 golf courses throughout Coachella Valley and where home prices span from $1M to $40M.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Dental Office Hair Salon Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Palm Desert
County
Riverside
State
California
Longitude
-116.402466
Latitude
33.727656

FAQs

What type of property is this?
Retail space - Street-front retail space in the heart of Palm Desert.
Where is this retail space located?
The property is located at 72261 Highway 111 Palm Desert, CA.
What is the asking price?
The asking price for this property is $5,967,000.
What are key features of this property?
This property features: - Prime street-front retail location on CA Hwy 111, a major thoroughfare in Coachella Valley.; - Located in a Daily Needs Center within a retail epicenter.; - Positioned in the heart of Palm Desert's shopping, dining, and entertainment district.
More about this property
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